16 Alexander Street

Newark, NJ 07106

$599,000
Price
8
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to this fantastic 3 unit investment property located in a desirable neighborhood! Each unit offers a spacious layout with features such as updated kitchens, modern appliances, hardwood floors, and CENTRAL AIR. Whether you're looking to expand your investment portfolio or seeking a multi-unit property to generate passive income, this 3 unit investment property presents a lucrative opportunity for savvy investors. With 1 unit vacant, this property provides the perfect house-hacking opportunity....Welcome to this fantastic 3 unit investment property located in a desirable neighborhood! Each unit offers a spacious layout with features such as updated kitchens, modern appliances, hardwood floors, and CENTRAL AIR. Whether you're looking to expand your investment portfolio or seeking a multi-unit property to generate passive income, this 3 unit investment property presents a lucrative opportunity for savvy investors. With 1 unit vacant, this property provides the perfect house-hacking opportunity. Don't miss out on this great investment potential!
  1. Listed by MEKAI ANTHONY MORRIS • EXP REALTY, LLC

Property Details for 16 Alexander Street

Directions
Google Maps, Apple Maps
Days On Market
10
LISTING UPDATED: 09/28/2024 09:04 AM

Property Details for 16 Alexander Street

StatusActive
MLS #3924795
Days on Market16
Taxes$11,743 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1990
Lot Size0.09 AC / 3,920 SF
CountyEssex County

Building Information for 16 Alexander Street

Stories-Residences3Year Built1990Building Size-Lot Size0.09 AC / 3,920 SF

Property Information for 16 Alexander Street

Summary
Location and General Information
  • Active Days on Market: 10
  • Renovated Year: 2019
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 4057
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 16.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: Alexander St
  • Zip Code: 07106-4929
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $11,743
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 315000.0
  • Tax ID For Property: 1614-04057-0000-00012-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
  • Garage Description: None
Property
Lot Information
  • Lot Identifier: 12
  • Approximate Lot Size: 28X134.10
  • Total Acres: 0.09
  • Construction Date/Year Built: 1990
  • Construction Date/Year Built Des: Approximate, Renovated
Property and Assessments
  • Assessment Bldg: 296400.0
  • Assessment Land: 18600.0
Utilities
  • Cooling: Central Air
  • Utilities: Electric, Gas-Natural, See Remarks
  • Water: Public Water
  • Water Heater: Electric
  • Heating: Forced Hot Air
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: See Remarks
  • Exterior Features: Open Porch(es), See Remarks
Interior Features
  • Interior Features: Blinds, Carbon Monoxide Detector, Smoke Detector
  • Roof Description: See Remarks
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CookGas, Refrig, SmokeDet
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 1800.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 958.0
Unit 2 Information
  • Unit 2 Appl/Equip: CookGas, Refrig, SmokeDet
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 1350.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: CookGas, Refrig, SmokeDet
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 3
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
  • Unit 3 Rent: 1950.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 3 Rooms: 6.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 0.0
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 16 Alexander Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Alexander Street

Taxable ValueLand$18,600Additions$296,400Total$315,000
Tax Record2023$11,743 ($979 / month)
Home Facts
Beds0Total Finished SqFt2,416 SqFtAbove Grade Finished SqFt2,416 SqFtStories3Lot Size3,755 SqFtStyleSingle Family ResidenceYear Built1990CountyESSEXAPN14 04057-0000-00012

Schools near 16 Alexander Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
B.R.I.C.K. Peshine Academy
PublicPK to 8

East Side High School
Public9 to 12

Chancellor Avenue Elementary School
PublicPK to 8

Louise A. Spencer Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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16 Alexander Street is a multi-family home for sale in Newark, NJ 07106. This property was listed for sale on September 18, 2024 by EXP REALTY, LLC, it's currently listed at $599,000. It has been on the market for a total of 16 days and was last sold on May 4, 2023. This listing's school district is The Newark Public School District. Nearby schools include B.R.I.C.K. Peshine Academy, East Side High School and Chancellor Avenue Elementary School. 16 Alexander Street is a 8-bed, 3-bath, multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY, LLC, MEKAI ANTHONY MORRIS

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 10/05/2024 12:29 AM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 10/05/2024 12:29 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.